Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of anthelmintic and antiparasitic agents. Its structure supports activity against parasitic worms by interfering with cellular processes in nematodes. Also employed in research for developing compounds with antiviral and anticancer properties due to its ability to interact with biological targets such as enzymes and receptors. Commonly utilized in medicinal chemistry for scaffold modification to enhance drug potency and bioavailability.